17 place 24 fresh

143 Imperial College founders raise €2.8 million for The Compression Company; a satellite data compression platform

EU-Startups
David Cendon Garcia @ EU-Startups 2 place · today 09:13 EDT

Imperial College founders raise €2.8 million for The Compression Company; a satellite data compression platform

UK and US-based SpaceTech startup The Compression Company is announcing a €2.8 million ($3.4 million) pre-Seed round to tackle limited satellite bandwidth with AI-driven compression that runs directly onboard satellites, reportedly reducing file sizes by over 95% and enabling each one to transmit far more data to Earth during each short ground-station pass. The round ...

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